Subject:
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Re: LEGO owned by Mattel?
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Newsgroups:
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lugnet.general
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Date:
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Tue, 17 Apr 2012 03:11:04 GMT
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Viewed:
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17393 times
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In lugnet.general, Ahui Herrera wrote:
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I’ve been out of the LEGO loop for a while but I’m 100% sure that this
article has it wrong. Right?
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As Bob already noted, by the time I got to the article, it had already been
corrected. However, I believe there was a teeny nugget of truth in there. At
the time, I recall hearing some noise about either Hasbro or Mattel making an
attempt to acquire The LEGO Group. I don’t know what it involved, but it
apparently didn’t get anywhere. My current understanding is that The LEGO
Company is wholy owned by a parent company that various members of the founding
family own stock in. There has never been an IPO for either The LEGO Company or
the parent company that owns it, which means the ONLY way to attempt a
takeover of the LEGO brand would be to somehow buy up a controlling interest
from Ole Kirk’s descendents. And pull it off without any of the other family
members finding out, since I’m sure any shares that did go up for grabs would
result in a bidding war to keep it in the family.
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Message has 1 Reply:
 | | Re: LEGO owned by Mattel?
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| (...) Right you are David... it would not be possible to buy TLG without having a majority stake in KIRKBI, the family owned holding company for TLG... (URL) principal owners if KIRKBI are the 2 children of Godtfred Kirk Christiansen (son of LEGO (...) (12 years ago, 21-Apr-12, to lugnet.general, FTX)
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Message is in Reply To:
| | LEGO owned by Mattel?
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| I've been out of the LEGO loop for a while but I'm 100% sure that this article has it wrong. Right? (URL) According to that article back in 2004 Mattel bought out LEGO? ROFL!!! Yeah Right! -Ahui (12 years ago, 16-Apr-12, to lugnet.general, FTX)
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